XLink onboards Fireblocks, Ancilia to prevent another $10M hack
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys.
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Five Crypto Trailblazers Make Fortune’s ’40 Under 40′ List
Five major crypto innovators have clinched four spots on Fortune’s “40 Under 40” annual rankings for the most powerful young disruptors in global business, released for 2018 on July 19. The first incarnation of Fortune’s under 40 list ran from 1999-2003 and ranked the new titans of the dot-com boom purely based on their wealth.…
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Lead Plaintiff Settles Class Action Targeting $20 Mln ICO for $250,000
In a continuation of ATBCoin’s class action lawsuit over its $20 million dollar Initial Coin Offering, or ICO, the lead plaintiff has filed to settle the case for 1.5% of the total raised.While ATB Coin claimed that its blockchain would be the fastest in the world, ATB’s launch revealed that its technology could not out-perform…
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Breaking: BSV reportedly suffers ‘massive’ 51% attack
“After an attempted attack yesterday, some serious hashing power was unleashed today at 11:46 am and attackers are succeeding,” said Lucas Nuzzi of Coin Metrics, referring to the Bitcoin SV chain. 2539 Total views 67 Total shares Bitcoin SV (BSV) has reportedly suffered a “massive” 51% attack beginning around 11:45 am Tuesday, resulting in up…
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German asset manager Union Investment seeks BTC exposure for several funds
German funds and asset managers are expanding their horizons on crypto investments now that the nation has more favorable laws governing Spezialfonds. 970 Total views 19 Total shares Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients,…
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Crypto-friendly Yoon Suk-yeol wins Sth Korean presidency, ICX surges 60%
Conservative, crypto-friendly candidate Yoon Suk-yeol has claimed victory in the South Korean presidential election, with the token used to mint his signature as an NFT surging 60%. 156 Total views 4 Total shares Conservative South Korean presidential candidate Yoon Suk-yeol has officially been elected as South Korea’s next president.The election was one of the closest…
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Bitcoin More Efficient for Paying Taxes in Canada, Says Local Exchange
Evan Kuhn, the co-founder of Toronto-based cryptocurrency exchange Coinberry, has claimed Bitcoin (BTC) is more efficient for paying taxes than bank cards.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn said his company takes much lower fees than the ones that card institutions impose on their clients, adding: “A credit card company charges…
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EU watchdog warns about the risk of a bank run on stablecoins
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Binance Hires Former HSBC Banker and Fintech Veteran to Lead UK Growth
Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market.Baker-Taylor has over 20 years of experience in HSBC, Citi, and the Royal Bank of Scotland, and was the executive director of U.K.-headquartered blockchain and digital assets industry body Global Digital Finance. In 2018…